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AgdaPkt 2009-10-26
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AgdaPkt 2009-10-26
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Last modified
10/22/2009 2:31:21 PM
Creation date
10/22/2009 1:53:38 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
10/26/2009
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<br />6.2C <br />Page 29 <br /> <br />EXHmIT C2 <br />SELLER CERTIFICATE <br /> <br />SELLER CERTIFICATE <br /> <br />Dated: Pricing Date <br /> <br />We, the undersigned officers of the City of Redwood City General Improvement <br />District 1-64 (the "Seller"), a local agency of the State of California within the meaning of <br />Section 6585(f) of the California Government Code, holding the respective offices herein below <br />set opposite our signatures, do hereby certify that on the date hereof the following documents <br />(the "Seller Transaction Documents") were officially executed and delivered by the Authorized <br />Officer or Officers whose names appear on the executed copies thereof, to wit: <br /> <br />Document <br /> <br />1. Purchase and Sale Agreement, dated as of November 1,2009 (the <br />"Sale Agreement"), between the Seller and the California <br />Statewide Communities Development Authority (the "Purchaser"). <br /> <br />2. Irrevocable Instructions For Disbursement of Seller's Proposition <br />lA Receivable to the Controller of the State of California, dated <br />the Closing Date. <br /> <br />3. Bill of Sale, dated the Closing Date. <br /> <br />Capitalized terms used herein and not defined herein shall have the meaning given <br />such terms in the Sale Agreement. <br /> <br />We further certify as follows: <br /> <br />1. At the time of signing the Seller Transaction Documents and the other documents and <br />opinions related thereto, we held said offices, respectively, and we now hold the same. <br /> <br />2. The representations and warranties of the Seller contained in the Seller Transaction <br />Documents are true and correct as of the date hereof in all material respects. <br /> <br />3. The City Council duly adopted its resolution (the "Resolution") approving the sale of the <br />Seller's Proposition lA Receivable at a meeting of the City Council which was duly called <br />and held pursuant to law with all public notice required by hiw and at which a quorum was <br />present and acting when the Resolution was adopted, and such Resolution is in full force and <br />effect and has not been amended, modified, supplemented or rescinded. <br /> <br />C2-1 <br />
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